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Australia
Aug 25, 2015 13:54:56   #
PinOakEO Loc: NA
 
About 10 days ago, was a story a 52 million $$$$ house bought by a Chinese billionaire, sight unseen. This was in Australia.

WOW!

He bought it before he would lose $$$ in their economy.

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Aug 26, 2015 06:59:56   #
morriscowley Loc: sydney australia
 
This will soon be a thing of the past

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Aug 26, 2015 15:49:26   #
PinOakEO Loc: NA
 
I wonder if he will flip it?

Can probably sleep about 30 people.

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Aug 26, 2015 16:18:14   #
DickC Loc: NE Washington state
 
Bought with American money!!

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Aug 26, 2015 18:45:25   #
morriscowley Loc: sydney australia
 
No, Chinese Luan. Chinese investors are flooding the market and have made it difficult for Aussie first home buyers to get a home

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Aug 27, 2015 22:17:36   #
houdel Loc: Chase, Michigan USA
 
morriscowley wrote:
Chinese investors are flooding the market and have made it difficult for Aussie first home buyers to get a home

$52 million sounds like a lot for a first home though.

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